Skip to main content

About your Search

20121005
20121005
Search Results 0 to 7 of about 8 (some duplicates have been removed)
to our tax code, governor romney and i both agree our corporate tax rate is too high, so i want to lower it, particularly for manufacturing, taking it down to 25%, but i also want to close those loopholes that are giving incentives for companies that are shipping jobs overseas, i want to provide tax breaks for companies that are investing here in the united states. >> you said you get a deduction for taking a plantoverseas? i've been in business for 25 years, i have no idea what you're talking about. >> so i don't either. because i actually don't know the tax code that well. are there actually incentives currently, hal, that encourage people to take their jobs out of the united states? >> well, both the president and mitt romney are both right the way they answered the question. the reality is we don't have a specific incentive to take jobs out of the u.s. but what happens is if you can move your taxable income to another jurisdiction that has a low tax rate, like china, you can pay less taxes in total as long as you don't repatriate the money back to the u.s. the president is right that
in into record deficits is because we put two wars and two tax cuts on a credit card. we didn't pay for. and now mr. romney wants another $5 trillion in tax cuts that he can't pay for. we're not going to let that happen. we are not going to fall backward, not with so much at stake, not now. it didn't work then. it won't work now. and that's why i'm running for a second term as president of the united states. i will tell you, i'll tell you what we need to move forward. we got to invest in small business. we got to invest in manufacturers creating jobs here in ohio, here in the united states of america. we have got to recruit 100,000 new math and science teachers to train to make sure our young people have -- to make sure our young people have the skills that they need. we got to train 2 million workers at community colleges to bring down college tuition cost s. we got to cut our oil imports in half and create thousands of new jobs and energy. we got to use the savings from ending the war in iraq and afghanistan, to pay down our deficit. put some people to work, doing some nation building right he
thing to do to pay for obama care. also got the point out that he is in favor 6 a tax plan that will kill 700,000 jobs. he got a chance to answer them, or not answer themes as the case may be, but he got a chance to talk about where we are going in the future. what he described is an it rags of the status quo. is he going to keep doing the things he has done in the past. is he going to have a stimulus, if he can. he'll hire more government workers if he can. he will pick winners and losers like fisker and tesla. he said he doesn't like picking winners and losers. no, he just likes picking losers. and, of course, is in favor of higher taxes. yesterday the vice president told the truth. he said, in fact, they do want to raise taxes $1 trillion. i don't want to raise taxes on any americans because i want to create good jobs in america. i would take america in a very different direction. i want to makes sure our policies encourage job growth, and i have five things i'll do. you heard me describe them time and again, but five things i'll do that will get jobs growing in this cou
, the president's approach is attractive to people who are not paying taxes because, frankly, my discussion about lowering taxes isn't as attractive to them. therefore i'm not likely to draw them into my campaign. >> but last night, romney had a complete about face. now he is denouncing that remark all together. >> clearly in a campaign with hundreds, if not thousands of speeches and question and answer sessns, now and then you're going to say something that doesn't come out right. in this case i said something that's just completely wrong. i absolutely believe, however, that my life has shown that i care about 100%. and that's been demonstrated throughout my life. and this whole campaign is about the 100%. when i become president, it will be about helping the 100%. >> cnn political editor paul steinhauser joins me now in washington. romney chose to clarify his remark on fox. no accident there perhaps. >> he was doing an interview there last night with his running mate, paul ryan. i think what you heard last night was the answer mitt romney would have given in the presidential debate wednesday ni
Search Results 0 to 7 of about 8 (some duplicates have been removed)